We have been house hunting for a couple months and OHMYGOD, it sucks. Everyone said it would suck, so I'm not exactly sure why I'm surprised. People told us it would be hard, and time-consuming, and exhausting, and that at times, we would feel like giving up. All of these things are true. On paper, we look good... amazing even. So I guess I just assumed that this process would be somewhat easier for us. Nope, NOT AT ALL.
When we put an offer on the first place we liked, I figured I'd be all sly and announce the happy news on the blog once we signed the papers. HA! Once we signed the papers. Well, two offers in and countless properties considered, we've still got nada. I know we will find a place, I really do, but that little bit (or big bit) of quitter in me is feeling mighty discouraged.
We seem to have two major problems. One is, at the price point we can comfortably afford, there's so much shit out there. Total unlivable shit. Here's the thing. I knew this would be the case going into house hunting. I was totally aware that we were most likely going to end up buying a total craphole and fixing it up ourselves. And honestly, that did and does still sound like a fun project that I would love to take on. That being said, is it too much to ask that these crapholes at the very least come with some of the essentials, such as WINDOWS? I don't even care if they're nice windows. Just simple panes of glass to separate my peaceful sleeping self from the outside world.
Our second problem is cash buyers. Believe it or not, Oakland is quite the hotspot right now and we're faced with investors who are buying these crapholes with cash money and doing all the necessary repairs with even more cash money. Both of the places we put offers on were lost to cash buyers. How can we compete with that? How can ANYONE compete with that? I don't know what kinds of businesses you guys are all in to, but the businesses that Joe and I are in to do not give us the luxury of having HUNDREDS of THOUSANDS of dollars in the bank at any given time.
So as mentioned in my last post, I am beyond ready to move at this point. However, temporarily moving into another rental when a) we don't really have to, and b) we're looking to buy anyway would be a stupid move. Not to mention a huge waste of time and money. All this means that we're sort of stuck. I hate even calling it that but can't help that it's how I feel. Surely, there is a light at the end of the tunnel. Right?